Consolidation is not as easy as 1+1 - PwC's Marketplace

Consolidation is not as easy as 1+1

Consolidation is not as easy as 1+1

Consolidation is not as easy as 1+1

Consolidation is not as easy as 1+1

In brief

Consolidating subsidiaries and equity accounting for investments in joint venture and/or associates involve many tricky assessments and adjustments. By focusing on various common complex areas, this workshop is designed to reinforce your practical knowledge and enhance your awareness of complexities in this area.

Note: pricing is customised, contact us for more information.

1 or 1.5 days                  Classroom/virtual


Target audience

  • Finance directors
  • Tax controllers
  • Senior management
  • Finance and tax managers/executives
  • Financial analysts
  • Regulators, academicians and accountancy students



In this workshop, we aim to provide a clear understanding of how the consolidation process works, what are some of the common practical complexities illustrated with worked examples and how investments in associates and joint ventures are accounted for.



  • What is the concept of control and why is it critical as the first step of accounting for an investment?
  • What are the implications of a subsidiary having different accounting policies from its parent?
  • Must a subsidiary always have the identical reporting date as its parent?
  • Why is it important to properly account for upstream or downstream intra-group transactions when preparing consolidation adjustments?
  • What are the deferred tax considerations that must be taken into account when preparing consolidation adjustments?
  • Why is consolidating a foreign subsidiary complex?
  • Do transactions with a company’s non-controlling interest result in impact to the company’s income statement?
  • What are the practical challenges in applying equity accounting to an investment in an associate?
  • What are the relevant tax implications?
  • Why is it tricky to apply accounting guidance to determine whether significant influence or joint control exists?
  • What do you need to consider if you have a long term loan to an associate when performing equity accounting adjustments?

Professional associations recognising PwC CPE points

  • Malaysian Institute of Accountants (MIA)
  • Malaysian Institute of Certified Public Accountants (MICPA)
  • Association of Chartered Certified Accountants (ACCA)

HRDF claimable

Not applicable


Available in



How It Works?

Other products people are interested in


Quick Register

(e.g. Tan / Sri/ Datuk/ Mr /Mrs / Ms etc)